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Trends > Emerging Markets

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Emerging Markets

Established markets still generate high profits for firms selling everything from soda to spirits, wine and beer to filling lines. But Latin America, China, Southeast Asia, the Middle East and Africa plus Eastern Europe and Russia are driving global growth. Track major players' moves in these markets - from Coke to Krones and Heineken.

'A MIXED YEAR AND A TOUGHER ONE THAN WE ANTICIPATED AT THE START': CFO DEIRDRE MAHLAN

Diageo’s top line takes a hammering: 2014 results show Chinese dragon bites

Diageo said today that foreign exchange movements ‘severely impacted’ its 2014 top line while Chinese anti-extravagance measures also hit hard – our slideshow dissects the Johnnie Walker distiller's performance.

China and Co. driving New Zealand food and beverage exports

Consumer demand from East and Southeast Asia for high value foods and beverages is driving export growth and diversification for New Zealand’s food and beverage industry, a new government report...

Krones will slash Italian jobs to ensure site’s ‘long-term future’

Krones said today that it will scrap packaging and palletising operations at its subsidiary Kosme, which specializes in smaller-sized filling and labelling machines for small bottlers and SMEs.

China

Premium brands will lead as China’s beer economy leapfrogs that of US

Now double the size of its American counterpart, China's beer market is an exciting place to be for international brewers in spite of protectionist controls put in place by its...

Strong Scottish food & drink brands will instil referendum confidence, says Scot food minister

Retail sales of Scottish food and drink brands in the UK rose by £513m from 2007 – figures the Scottish government says will deliver clout in the upcoming independence referendum.

Firm wins Nova water bottle deal in Saudi Arabia

Sidel grows its customer services in high ‘at risk countries’

Sidel has partnered with Health Water Bottling (HWB) in Saudi Arabia to install two of its next generation Matrix PET lines, which will start operations in February 2015.

‘What do you want, blood?’ China’s CFDA bans sale of Vampire Drinks

China’s Food and Drug Administration (CFDA) has banned the sale of a fruit punch in packaging designed to look like a medical blood bag, citing food safety concerns and dubious...

Steve Hills, European contract manufacturing director, reveals ambitious six-year plan

‘Agile capital-light innovation’: PepsiCo Europe targets 600% growth in contract manufacturing

PepsiCo Europe says it plans to grow the size of its contract manufacturing business six-fold in as many years to accelerate food and beverage innovation and boost productivity.

Australia

Japan trade agreement could spur beleaguered Australian wine exports

The recent signing of a trade agreement between Japan and Australia will give wine exports to the Far East a “step-up”, according to the Winemakers’ Federation of Australia (WFA). 

PepsiCo, Heineken, Diageo trend up in 2013 global FMCG league but Tingyi steals show

PepsiCo, Heineken, Diageo and SAB Miller are all risers in the OC&C league table of Global Top 50 FMCG players in 2013, but China's Tingyi Holdings was the rising beverage...

Who drinks more wine – the Chinese or the Japanese?

Isn’t the answer obvious? The Chinese, with their thirst for fine French wines, New World reds and keenness to plant vineyards over the past five years, easily outstrip the economically...

News in brief

Cash for Ash: Coke offers Chinese workers 'environmental hardship allowance'

Coke is offering an 'environmental hardship allowance' to staff in China as it tries to attract and retain talent, the Times of India reports.

Insight

Turning tables: NGOs commend multinational for transparency in Myanmar

In a rare move, NGOs and rights experts commended Coca-Cola for a report it has submitted with the US State Department regarding its responsible business practices in Myanmar.

‘EU doesn’t have resources to police trade deals properly’: spiritsEUROPE DG warns

The head of powerful EU spirits trade confederation spiritsEUROPE warns that the EU Commission needs more resources to better police trade agreements with outside nations.

William Grant & Sons spends £100,000 opposing Scottish independence

Glenfiddich Scotch whisky distiller William Grant & Sons has given £100,000 to Better Together – the official opponents of Scottish Independence.

‘What we haven’t offered until today is taste, and taste is king!’ ADM boss justifies $3.1bn appetite for WILD Flavors

Archer Daniels Midland CEO Patricia Woertz insists that WILD Flavors' beverage and taste expertise complement her firm’s expertise in food ingredients and know-how in texture, function and nutrition.

'Increasingly adventurous' Japanese welcome different wine styles

Wine Intelligence reports that 21% of regular wine drinkers in Japan enjoy trying new and different styles of wine on a regular basis compared to 15% two years ago, while...

Southeast Asia

Indonesia considering new labeling rules for alcoholic beverages

The Indonesian government is considering new labeling regulations for manufacturers of alcoholic beverages in a bid to lower the number of consumers of alcohol in the country.

Nichols may appeal against £8M legal hit

Nichols may appeal against paying £8M in damages – way beyond precautionary funds it had reserved to cover itself – after being sued by a company in Pakistan.

‘This most traditional of industries must transform!’ Wine Vision MD

Wine Vision organizer Andrew Reed insists a heritage-rich wine world must transform to tap the ‘radically different demands’ of millennials, ahead of the 2014 event where the president of Moët...

ASPEN IDEAS FESTIVAL 2014, COLORADO

‘Who are you, Mother Teresa?’ We are American. We eat chips and drink soda!’: PepsiCo boss Indra Nooyi on investor ‘who took me to the cleaners’

PepsiCo CEO Indra Nooyi says she didn’t want a short-term ‘cut, slash and burn’ policy that would have seen the company make enormous earnings from 2006 despite the upset her...

South Korea

Korean women catching up with the world’s biggest boozers — Korean men

South Korean women are developing a taste for a tipple at a remarkable rate, with the number who regularly consume alcohol having grown by more than 33% in just over...

'I wouldn't dismiss it outright': Analyst sees logic in SAB Miller, Diageo merger

Whispers of a $171bn+ merger between Diageo and SAB Miller have led to share spikes for both companies over the past couple of days and follow chatter about SAB tying-up...

‘Not an efficient use of public money’: EU auditor slams €1.16bn wine fund

The European Court of Auditors (ECA) says specific investment and promotion funds for EU wine is not justified and argues that money is often used to consolidate markets not penetrate...

Spanish success for Brugal Suspiro: Edrington toasts low-calorie rum launch

Edrington says its new low-calorie rum Brugal Suspiro is attracting both male and female consumers in launch market Spain and sees a ‘lot of tarmac’ ahead of premium vodka brand...

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